The RSI is a momentum indicator, which compares a stock’s strength on days when prices go up to its strength on days when prices go down. When compared to a stock’s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered overbought when the RSI is above 70, according to Benzinga Pro.

• Southern Company will release its earnings for the fourth quarter of 2024 on Thursday, Feb. 20. The company's stock surged around 5% over the past month and has a 52-week high of $94.45.
• RSI Value: 70.4                                
• SO Price Action: Shares of Southern gained 3.6% to close at $86.50 on Monday.

• On Jan. 9, the company announced that a 50/50 strategic partnership between KKR & Co Inc (NYSE:KKR) and PSP Investments has agreed to acquire 19.9% non-controlling equity interest in its Ohio and Indiana & Michigan Transmission Companies (Transcos) for $2.82 billion.. The company's stock gained around 11% over the past month and has a 52-week high of $105.17.
• RSI Value: 84.5
• AEP Price Action: Shares of American Electric Power gained 4.5% to close at $102.63 on Monday.